Skip to main content

Posts

Showing posts with the label 8 mistakes new stock investors make.

8 mistakes new stock investors make.

  8 mistakes new stock investors make.                For people wishing to enter the stock market for the first time, getting started can be the biggest hurdle to clear. Should one buy shares in mutual funds, exchange traded funds (ETFs), or individual shares of companies? Is there a right time to buy? How does one select a brokerage? These and other questions can cause paralysis by analysis. As the familiar mantra says, it’s not about timing the market, but rather time in the market. That means it’s important to set clear investment objectives, open a brokerage account with a trusted firm, and start investing with a long-term view. You’ll gain knowledge over time, and your investment strategy may change, but getting started sooner rather than later – and not overcomplicating matters – is a good first step. It’s important to avoid the errors that many beginning stock market investors make. In this article, we will review some of the mos...